Holy Trinity Baptist Church Enterprises Inc

Organization Overview

Holy Trinity Baptist Church Enterprises Inc is located in Philadelphia, PA. The organization was established in 2000. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Trinity Baptist Church Enterprises Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Holy Trinity Baptist Church Enterprises Inc generated $488.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $573.5k during the year ending 12/2022. While expenses have increased by 12.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE WELFARE OF THE NEEDY, ELDERLY AND HANDICAPPED FAMILIES THROUGH THE PROVISION OF HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOLY TRINITY BAPTIST CHURCH ENTERPRISES, INC. (A COMMONWEALTH OF PENNSYLVANIA NOT FOR PROFIT CORPORATION) (THE "CORPORATION") WAS ORGANIZED TO OWN AND OPERATE A 22-UNIT APARTMENT COMMUNITY PHILADELPHIA, PENNSYLVANIA, KNOWN AS FITZWATER HOMES PHASE II (THE "COMMUNITY"), PURSUANT TO SECTION 236 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD.


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Board, Officers & Key Employees

Name (title)Compensation
Beverly Stevenson
Chairwoman
$0
Bettie Roundtree
Secretary
$0
Cora Ferguson
Director
$0
Anthony Ferguson
Director
$0
Patricia Whack
Director
$0
Lorraine Evans
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $357,943
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$357,943
Total Program Service Revenue$129,244
Investment income $189
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $488,648

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